The Hon. Jiang Daming, Minister of Land and Resources, PRC, addressed in the Opening Ceremony of CHINA MINING 2017

In this golden autumn, we get together in Tianjin to attend CHINA MINING Congress and Expo 2017. First, on behalf o the Organizing Committee of CHINA MINING Congress and Expo and The Ministry of Land and Resources PRC, we’d like to extend the warmest welcome to distinguished guests and all the friends here!

On the morning of September 23, 2017, the opening ceremony of CHINA MINING Congress and Expo 2017 was held at Tianjin Meijiang Convention and Exhibition Center.

The US energy industry revived in 2017 as oil prices kept rising steadily in the second half of the year. Experts believe growing American energy exports and China's rising energy demand will create unique opportunities for the two giant economies in 2018.

Crude oil prices rebounded from $42.06 per barrel this summer to approaching $60 toward the end of the year. Some major financial institutions, including the World Bank, have forecast that the prices would keep rising through 2018.

Russian energy giant Gazprom is in talks with China on natural gas supplies from Russia's Far East, and a contract on deliveries of the fuel is planned to be signed in 2018, Gazprom said on Thursday.

The project was discussed by Gazprom CEO Alexei Miller and China National Petroleum Corp Chairman Wang Yilin in Beijing on Thursday, Gazprom said in a statement.

BEIJING -- China's top economic planner on Tuesday ordered local authorities to strengthen regulation on the pricing of heating and natural gas during upcoming holidays as demand surged.

The National Development and Reform Commission (NDRC) said in a statement that the heating prices for households converting from coal to gas should be regulated more strictly during the New Year and the Spring Festival.

China's demand for natural gas will continue to soar toward 2040, outstripping domestic output by around 43 percent, according to an International Energy Agency (IEA) report published Tuesday.

"China's annual gas production will more than double to 340 billion cubic meters in 2040, with shale gas a major contributor, but consumption is foreseen to grow even faster, reaching 600 billion cubic meters," said the China Special Report of the World Energy Outlook 2017.

Despite a pullback in the growth rate from previous years, China's economy still represents a major driver of future energy demand, according to a longtime energy industry participant.

"China is still a significant growth market and will contribute about 350,000 barrels a day of oil demand to the market," said Chris Midgley, head of global content analytics for S&P Global Platts, at the company's annual global energy forum in New York on Thursday.

The Changning-Weiyuan national shale gas demonstration zone developed by PetroChina Southwest Oil & Gas Field Company generated more than 2.4 billion cubic meters of shale gas in 2017, the company said Wednesday.

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